Tech stocks should still be a portfolio favorite, despite recent weakness: Deutsche Bank

CNBC—With the recent steep losses in tech stocks, investors might want to steer clear of them. But Deutsche Bank said it still believes in this sector, declaring that the recent weakness has not shaken its confidence.

The latest on developments in financial markets (all times local): 9:35 a.m. U.S. stocks are rising at the opening bell as Apple surges following a strong quarterly report. Banks are jumping Wednesday as a strong report on private company hiring sends interest rates higher. ...